India has been the largest arms importer globally and spent almost double compared to China in 2017-21. The problematic issue, though, is India's paltry share in the world's exports.

Read the full report here: https://mybs.in/2au2w0S


Explained: India's arms import dependence

Coal India Limited (CIL) is expecting a production of 788 million tonnes (MT) and an offtake of 765 MT for the current fiscal year ending March 2025, its chairman P M Prasad said on Monday.
The initial production target was 838 MT, which was revised to 806-810 MT in January.
In FY'24, the company achieved production of 773.65 MT, reflecting a 10 per cent year-on-year growth.
Speaking at a mjunction organised Coal market conference the chairman attributed the slowdown in offtake to a rake shortage in large mines, but remained optimistic about growth in the coming months.
Both production and offtake are expected to grow by 1.5 per cent this year, based on current estimates against 10 per cent and 8.5 per cent growth, respectively, last year.
Prasad also mentioned that the availability of rakes had been a concern due to the Kumbh Mela, but after discussions with the Railways, rake availability has improved.
On the issue of international coal prices softening, Prasad ruled out any pr

In FY'24, the company achieved production of 773.65 MT, reflecting a 10 per cent year-on-year growth

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A day before the Nitish Kumar government in Bihar is scheduled to present its last budget ahead of the assembly elections this year, RJD leader Tejashwi Yadav on Sunday demanded an increase in social security pensions and cash transfer of Rs 2,500 per month to poor women.
Yadav, the leader of the opposition in the assembly, said he expected that the government would announce 200 units of free electricity for all consumers in the state.
Deputy Chief Minister Samrat Choudhary, who also holds the finance portfolio, will table the state budget for the financial year 2025-26 in the assembly on Monday.
Talking to reporters Yadav alleged, "The NDA government at the Centre as well as in the state are least bothered about the welfare of the people of Bihar."
He also claimed that the social security pensions have not been increased by the state government for the last 20 years.
The leader of the opposition said, "The amount paid to people above 60 years, widows, and people with disabilities

Yadav, the leader of the opposition in the assembly, said he expected that the government would announce 200 units of free electricity for all consumers in the state

The Andhra Pradesh budget for the fiscal 2025-26 tabled on Friday by the TDP-led NDA government accorded top priority to welfare schemes, promising to dole out Rs 20,000 per annum for farmers, doubling of financial relief for fishermen during a ban period and Rs 15,000 to school going children up to the intermediate level under "Talliki Vandanam" scheme.
The "Talliki Vandanam" scheme is one of the Super Six promises made by the ruling bloc during the 2024 Assembly polls.
Finance Minister Payyavula Keshav tabled the Rs 3.22 lakh crore budget and proposed Rs 20,281 crore for the Scheduled Caste (SC) component, Rs 8,159 crore for the Scheduled Tribes (ST) component, Rs 47,456 crore for the Backward Classes (BC) component and Rs 5,434 crore for the welfare of minority communities.
"I take pride in announcing that the government is launching the Talliki Vandanam scheme, to provide financial support of Rs 15,000 in the academic year 2025-26. The scheme will cover children enrolled in ...

The "Talliki Vandanam" scheme is one of the Super Six promises made by the ruling bloc during the 2024 Assembly polls

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Explained: India's arms import dependence

India has been the largest arms importer globally and spent almost double compared to China in 2017-21. The problematic issue, though, is India's paltry share in the world's exports. Read the full report here: https://mybs.in/2au2w0S

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